Earlier this year. Italy’s Danieli reported that it has been chosen by Alter Steel to supply technology and equipment for a landmark electric steelmaking facility in Pinkenba, Queensland, Australia, that was estimated to cost $750 million.

Per Danieli, it will build the first greenfield steel mill built in Australia in more than 40 years. The project will use its MIDA QLP – Quality Long Product – technology and incorporate its Digimelter and Q-One power feeder for sustainable electric steelmaking. The plant will produce 500,000 metric tons (mt) per year of reinforcing bar, wire rod, hot-rolled mesh, spooled coil and bar, all from steel scrap. The endless casting-rolling process eliminates billet reheating, cutting energy use by up to 75%.

Per an article in greensteelworld.com, the facility is scheduled to be completed by late 2027. The project has secured Conditional Development Approval. The facility is designed for 100% renewable energy compatibility and will emit just 0.37 mt of CO2  per tonne of steel, an 80% reduction compared to traditional blast furnaces.